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Line of credit limits
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Galaxie64
Posted 4/26/2017 08:10 (#5982853 - in reply to #5982683)
Subject: RE: Line of credit limits


WY, OK

Never had a problem getting 10%-20% of overall value, with land price boom that % dropped drastically the last 3-5 years.  That is with paid for land if leveraged at 50% already I am not sure how much more you'd get especially if that is current value.  I'd agree with slim to none but maybe your equipment and crops have enough value to leverage.

I'm sure you'd have to insure the crop and have bank as the payee.



Edited by Galaxie64 4/26/2017 08:11
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